Thursday, 17 December 2020

Overnight Headlines December 17th 2020

 Stocks loiter at record highs, waiting for Congress; oil jumps – Rtrs 

 

Fed raises its economic outlook slightly, sees 4.2% growth next year and 5% unemployment rate – Rtrs 

 

Powell says stock prices are not necessarily high considering the low level of interest rates – Rtrs 

 

Bank of England set to wait for end to Brexit stand-off – Rtrs 

 

Congress nears $900 billion relief package – CNBC 

 

U.S. calls Switzerland, Vietnam currency manipulators in Trump trade shot – Rtrs 

 

Anything goes in whacky world of emerging market debt – Rtrs 

 

ECB stands ready to offset exchange rate impact on inflation – Villeroy/Rtrs 

 

The borrowing will have to end, says Rishi Sunak – Tgraph 

 

A recap of Fed Chief Powell’s market-moving comments on rates & inflation – CNBC 

 

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